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Statistics Canada reports wholesale sales up 0.1% in January

Sales were up in four of seven subsectors, accounting for 66% of total.


OTTAWA — Statistics Canada says wholesale sales rose 0.1% to $63.3 billion in January, helped by the food, beverage and tobacco; and the machinery, equipment and supplies subsectors.

The agency says sales were up in four of seven subsectors, accounting for 66% of total wholesale sales.

Sales in the food, beverage and tobacco rose 3.1% to $12.3 billion in January, following a 1.8% decline in December.

The machinery, equipment and supplies climbed 1.6% to $13.1 billion.

Offsetting the gains, the building material and supplies fell 4% to $8.9 billion, the first drop since August 2017.

Motor vehicle and parts fell 1.6% to $11.6 billion, the lowest level since June 2017.

 

News from © Canadian Press Enterprises Inc. 2016

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